Retirement plan

THE LAW OFFICES OF PETER G. ANGELOS 401K PLAN

Name: THE LAW OFFICES OF PETER G. ANGELOS, A PROFESSIONA - THE LAW OFFICES OF PETER G. ANGELOS 401K PLAN (2024) Form 5500
Creator: THE LAW OFFICES OF PETER G. ANGELOS, A PROFESSIONA
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE LAW OFFICES OF PETER G. ANGELOS 401K PLAN, THE LAW OFFICES OF PETER G. ANGELOS, A PROFESSIONA

THE LAW OFFICES OF PETER G. ANGELOS, A PROFESSIONAEIN 52-1866796Plan #002PY 2024

100 NORTH CHARLES STREET, SUITE 2100 - BALTIMORE, MD 21201410-649-8824angeloslaw.comLinkedIn51-200 employeeslegal services

Prospect flagsLow participationHigh assets / participantFailed to provide benefit

How to read this page

Total assets (EOY)

$30.6M

+7.9% from 2023

Total participants

130

0.0% from 2023

Average account balance

$309,030

+18.8% from 2023

Annual return

15.98%

-2.04 pp from 2023

Benchmarks

See 28,844 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort28,844 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$30.59M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$309K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

64.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$697K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.98%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$285

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 2 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC10+ years Service code 27 · EIN 13-2638166	Advisory (Plan)	$39,063
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 60 · EIN 04-2647786	Sub-TA Fees	-$10,888

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$28K

$324 / participant

Investment mgmt$39K138.6%

% of EOY assets

0.092%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: WEYRICH, CRONIN & SORRA
Auditor EIN: 814643077
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$309,030

$102,422+201.7%

$147,117+110.1%

$80,959+281.7%

Participation rate

64.4%

75.9%-11.5pp

82.2%-17.8pp

67.7%-3.3pp

Annual return

15.98%

135.16%-119.2pp

420.54%-404.6pp

35.67%-19.7pp

Employer contribution / active EE

$1,399

$3,717-62.4%

$4,932-71.6%

$2,757-49.2%

Participant deferral / active EE

$6,608

$6,652-0.7%

$8,065-18.1%

$4,300+53.7%

Admin fee / account holder

$285

$7,953-96.4%

$12,993-97.8%

$6,925-95.9%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC10+ years

Service code 27 · EIN 13-2638166

Advisory (Plan)

$39,063

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Service code 60 · EIN 04-2647786

Sub-TA Fees

-$10,888

THE LAW OFFICES OF PETER G. ANGELOS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE LAW OFFICES OF PETER G. ANGELOS 401K PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion